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How Fast Is Water Borne Coatings Market Growing? Uncover CAGR Acceleration and Demand Surges by 2029

8 Sep, 2025

Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company

In response to fluctuating tariffs and geopolitical trade developments, the Water Borne Coatings Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.

What Is the Forecasted Market Size and CAGR for the Water Borne Coatings Market?

The historical growth trend shows that the market size of water borne coatings has been increasing steadily over time. It was estimated to be $119.77 billion in 2024 and is predicted to rise to $124.79 billion by 2025, progressing at a compound annual growth rate (CAGR) of 4.2%.

What Is the Forecasted CAGR for the Water Borne Coatings Market by 2029?

The Water Borne Coatings market is predicted to reach a value of $153.43 billion in 2029, growing at a compound annual growth rate (CAGR) of 5.3%.

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What Are the Market Drivers in the Water Borne Coatings Industry?

The key Drivers in the water borne coatings market are:

• Rapid increase in water-borne coatings consumption across various industries
• Widespread application of water-borne coatings in printing inks and automotive OEM sector
• Usage of water-borne coatings in plastics and other manufacturing industries
• Growth in end-user industries driving the demand for waterborne coatings

What Is the Segment-Wise Breakdown of the Water Borne Coatings Market?

The water borne coatingsmarket covered in this report is segmented –
1) By Type: Acrylic, Epoxy, Polyurethane, Polyester, Alkyd, Polyvinylidene Chloride (PVDC), Polyvinylidene Fluoride (PVDF), Other Types
2) By Application: Appliances, Automotive, Architectural, Marine, Packaging, Wood, General industrial
3) By End Userr Industry: Bilding And Construction, Automotive, Industrial, Wood, Other End-User Industries

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Which Emerging Trends Are Driving Growth in the Water Borne Coatings Sector?

The key trends in the water borne coatings market are:

• Adoption of smart coatings and high-performance coating technologies is on the rise.
• Nanocoatings are emerging due to their exceptional characteristics, like flexibility and resistance.
• The market is seeing a trend towards Fluoropolymer coating due to its performance-based features.
• Durability and cost-efficiency are gaining prominence in coating selections.

Which Companies Are Dominating the Water Borne Coatings Market in Terms of Revenue?

The key players in the water borne coatings market are:

• AkzoNobel NV
• BASF SE
• Axalta Coating Systems Ltd.
• Berger Paints Ltd.
• Kansai Paint Co. Ltd.
• Nippon Paint Holdings Company Ltd.
• PPG Industries Inc.
• RPM International Inc.
• Sherwin-Williams Company
• The Valspar Corporation
• Tikkurila Oyj
• Asian Paints Ltd.
• Benjamin Moore & Co.
• Jotun A/S
• Chenyang Waterborne Paint
• Sika AG
• Hempel A/S
• Shalimar Paints Limited
• S K Kaken Co. Ltd.
• Beckers Group
• Dunn-Edwards Corporation
• Diamond Vogel Paint Company
• Kelly-Moore Paints
• Vista Paint Corporation
• Indigo Paints Pvt. Ltd.
• Arkema Group
• Carboline Company
• Chugoku Marine Paints Ltd.
• Cloverdale Paint Inc.
• Diamond Vogel Inc.
• Masco Corporation
• Rust-Oleum Corporation
• Sakata Inx Corporation
• Tnemec Company Inc.

What Are the Regions Driving Demand in the Water Borne Coatings Market?

Asia-Pacific was the largest region in the water-borne coatings market in 2024

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